Op-Ed | Microcapital. | Monitor
HDFC to open eight more MFI branches
In an effort to grow from its four existing branches to twelve by the end of the year, Housing Development Finance Corporation (HDFC) plans to open eight more microfinance branches across the nation. The branches would be designed around the self-help group linkage model.
This effort is one in a larger trend by major financial institutions to enter into the MFI space. Micrcapital.org, the source for this article, explains as such:
HDFC’s recent market entry and rapid scaling-up of operations reflects a general recognition by prominent Indian banks that microfinance is a financially sustainable if not lucrative enterprise. Other recent market entrants include banking giants UTI and ICICI, holding total assets of USD 1.2 billion and RUP 3.9 trillion (USD 92.7 billion) respectively. Further details on this movement can be found in the MicroCapital story Commercial Banks in India Delve into Microfinance Investments.
We have also written numerous times on the evolution of microfinance and involvment of traditional players. You can read Prerna’s wonderful post on MFI and Private equity here.
21 Comments on “HDFC to open eight more MFI branches”
how is your financing facilities for small entreprenuership i need detials
which type of document recurs for micro finance and what is interest rate for rural area
hi hdfc starting mfi in bangalore?
plz give info i have experience in mfi sector, looking job
sir iam looking for mf funding.our mfi is 2years old institute runnig with 30lachs.
sir iam looking to work with you please give me an opportunity to work with you.
Dear Sir
We have a mfi software which caters to mfi organisation . We want to demonstrate our tool to you.
you can send us a mail if you are interested.
sadiya.a@cranessoftware.com
regards
sadiya
BDM
sir, its nice to hear that hdfc going to open more branches in mfi sector. Sir i am a mfi employ in assam having 4 years experience in this sector from credit officer to Bm,I WANT TO WORK WITH U. Please give me a chance. Thanks.
repcted sir/mam
i have 9 months experienced in reputed MFI in india
i have done work under 100% OTRR
Sir
I did mba and working last one year in ujjivan financial services pvt. ltd as CRM.
Ujjivan deals in microfinance sector.
Can any opening for me
Regards
Manish
repcted sir/mam
i have 1year experienced in reputed MFI in india
sir iam looking to work with you please give me an opportunity to work with you.
Respected sir / medam
I have2 year experience in microfinance in India . I am working in SPANDANA SPHOORTY FINANCIAL LTD since 28 April 09 as a BRANCH MANAGER. And 2 years experience in NGO .Please give me an opportunity in your orgnization
Respected sir / medam
I have4 year experience in microfinance in India . I am working in SPANDANA SPHOORTY FINANCIAL LTD since 10 April 09 as a BRANCH MANAGER. And 2 years experience in NGO .Please give me an opportunity in your orgnization
Now I am workink in SKS Microfinance LTD. as Internal Auditor Executive fron April’09 and I have above 4 years experience in Audit line and 5 years experience in Accounts line. Totally I have above 9 years experience in different financial organisation. please give me an opportunity in your organisation
Dear sir,
I am doing MBA and working with a NBFC (MFI) since 8.3 years.Geographically i know very well about Andra Pradesh.If you gave me a chance i will prove my self
Mobile:9347329845/9885233727/9703510169
Respected sir iam mr.k.ramesh working as area manager in leading mfi
its very happy to h.d.f.c.enter to mfi.its very good serve to poor people.and iam intested work with you sir
These nations have rarely see the path to defending their own wealth as the one which drains money from their own economies and into those of others. ,
In all likelihood, there is an archive or two that you know are critical for you to visit, but what about other libraries or archives that hold material that is relevant to your work? ,
repcted sir/mam
i have 1year experienced in reputed MFI in india
sir iam looking to work with you please give me an opportunity to work with you.
Dear Sir/Madam,
It
is very happy news for me,H.D.F.C.entered into Microfinance sector.Now I am searching for job in Permanent and fastdevelopment industry .
I have 7+ years working experience in financial services and Banking Sectors.Please give me to render my services for our organisation.
Thanks & Regds
Mohanram.V
+919885237303..
Dear Madam/Sir,
I am having 4 years experience in financial and banking sales and recoverys
I am very happy for H.D.F.C Bank enters in Micro finance sector.Please give me an oppourtunity for me.
Thanks,
B.Vijaya Kumar
+919885956884
Sir & Madam,
I am Mr..N.Rafi Khan working as sales and recoverys in financial sectors,having 3+ years experience in sales and recoverys.I am intrested to join in your organisation.Please give me an oppourtunity in your organisation.
Regds
Rafi Khan.N
+919505588108.